The Indian real estate industry is undergoing a huge digital transformation. Smart automation, artificial intelligence and infrastructure that relies on data are being rapidly introduced by companies. Embassy Group has announced the appointment of Chirag Boonlia, as its new Group Chief Technology Officer (CTO) to head this next phase of growth.
Chirag Boonlia is a proven technology leader who will be in charge of the company’s technology vision and overall digital strategy. His portfolio runs the gamut of roles within a very diversified business. This encompasses commercial, co-working, high-end residential and industrial park projects.
Returning to Familiar Grounds
The prestigious position is a major homecoming for Chirag Boonlia. Previously served as its Group CTO for six+ years at Embassy Group. In his first role, he helped lay the groundwork for the company’s digital foundation.
The return of his feet is timely, as the real estate business now seems to be changing its ways. His proven leadership will spur advanced enterprise technology architecture deployment, industry experts say. He has the intimate knowledge of the group’s fundamental functions which he applies to execute quick upgrades.
Driving PropTech-Led Transformation
Managing software in the modern real estate industry is not standard software-management. PropTech-led transformation across all verticals will be a key area of focus for Chirag Boonlia. PropTech (or property technology) is transforming the way commercial and residential property is managed, leased and lived in by its clients.
His primary goal will be to improve digital skills and leverage business value with those advanced technologies. The company’s smartphone-enabled building systems, data analytics, and cloud-based infrastructure are expected to optimize operational efficiency. This Change will also construct modern and connected experiences for corporate tenants and residential buyers.
A Track Record of Enterprise Leadership
Chirag Boonlia has a distinguished career with a rich history of large-scale digital modernisation projects. He is known for his entrepreneurial thinking and good enterprise implementation. Before coming back to Embassy Group he was a Director at RMZ specializing in enterprise transformation and digital innovation strategies.
His extensive leadership experience spans retail, tech consulting and real estate management:
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Virtuous Retail: Group CTO, Vice President – IT. In this productive time, he became recognized internationally and was selected as one of the “100 Top Retail Minds” across the nation.
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Devised key technology projects for the company to move towards modernization in the traditional retail supply chain networks, as led by Aditya Birla Retail Limited.
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Oracle & Infosys: Installed, customized and developed deep enterprise solutions, disaster recovery planning and complex large ERP implementations.
Accelerating Smart Infrastructure
The Indian real estate market is growing at a fast pace, with the rising demand for sustainable and smart buildings. There is a greater urgency for real estate developers to create energy-efficient, digitally secure spaces.
Embassy Group‘s technology unit, led by Chirag Boonlia, is poised for a new level of growth and innovation for its comprehensive long-term PropTech strategy. With his expertise in Cybersecurity Resilience, Infrastructure Modernization, and Integrated Business Tools, the group will be able to stay one step ahead of the competition and retain its status as a leading Integrated Real Estate Platform in India.
